THOUGHT FOR THE DAY

Optimism

"The optimist proclaims that we live in the best of all possible worlds; and the pessimist fears this is true."

- James Branch Cabell

TOPIC OF THE DAY

Innovation

Innovation is a new way of doing something or "new stuff that is made useful"[1]. It may refer to incremental and emergent or radical and revolutionary changes in thinking, products, processes, or organizations. Following Schumpeter (1934), contributors to the scholarly literature on innovation typically distinguish between invention, an idea made manifest, and innovation, ideas applied successfully in practice. In many fields, something new must be substantially different to be innovative, not an insignificant change, e.g., in the arts, economics, business and government policy.

Read on...

LATEST ARRIVALS

Innovator's toolkit: 10 practical strategies to help you develop and implement innovation by Harvard Business Press